The not so simplified tax system offers the choice of a new tax accounting platform for eligible small businesses. This session will expose the impact of STS beyond 1 July 2001. Topics covered in this seminar paper include:
- Overview
- Accounting method for STS taxpayers
- Modified capital allowance and trading stock provisions
- Eligible entities
- Entry and exit rules

Author profile

Carlo
MORETTI

Carlo is a Senior Tax Partner in the Sydney office of Pitcher Partners. He has 20 years experience with a focus on Australian and international taxation for medium sized public listed companies and large private family groups. Carlo's extensive experience covers a wide range of industries including manufacturing, property development and management, IT software and service, telecommunications and private banking.Current at 30 April 2004

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